St. Francis of Assisi Catholic Church
Legal name: Caring Little Friends of St Francis Preschool
Nonprofit profile at a glance
- EIN
- 463115884
- IRS 990 coverage
- 2020–2024
- Official website data refreshed
- Sep 2026
- Forms available
- Form 990 2024
- Location
- Frisco, TX, US
- Phone
- (972) 712 2645
- Rating
- 87
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Kindergarten, Preschool, Nursery School, Early Admissions
Reported finances
- Revenue
- $450,513
- Expenses
- $499,043
- Assets
- $102,736
- Liabilities
- $0
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
6 people listed
People named in this filing
- Katie Fox (Parent Advisor)
- Lauren Hartsock (Director)
- Amy Hensley (Teacher Advisor)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
I Am with You Always
What it reported doing in 2024
We are a faith based preschool who serves children ages 2-5 years old in a part time manner. (Our hours are from 9am-2pam) Our school is housed in our church building and an extension of our church. Our focus is everything is all about the kids; everything we do focuses on what is best for the children in our program. Our purpose is to build the child and prepare them for their early education and road of learning continued in both school and work through their lives. We have a structured spiraled curriculum based on developmentally appropriate activities; taught in fun and encouraging ways. We provide an intellectual, social, religious environment that will benefit all children, their families, and the community. We realize that all children are unique and develop at different rates: so the program is designed to focus on each child and meet them where they are. Objectives are designed to focus on socialization and basic motor skills to reading and writing readiness skills. Through play based learning, social interaction and teacher modeling, we help the child grow in mind, body and spirit. The students also attend special music and movement classes. Our program is offered 2,3, and 4 days a week based on age of the child. We do not have extended hours.
Operating model
- Revenue model
- Other-operating. 100% of the money available for current operations came from other operating revenue.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and total assets are small relative to annual expenses; liquid coverage is unknown.
Rating breakdown
- Financial Efficiency: 89
- Transparency & Controls: 90
- Accountability: 94
- Sustainability: 31
- Growth: 80
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 100%; rating input score 100
- Program expense ratio: 100%; rating input score 100
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 64th percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Limited
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
- Governance controls: 6 of 7 controls in place; rating input score 86
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: NotApplicable
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: -10.8%; rating input score 22; 22nd percentile among comparable filings
- Total-asset coverage ratio: 0.21; rating input score 11; 11th percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 80; 80th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 69; 69th percentile among comparable filings
Growth
- Program expense growth: 11.5% per year; rating input score 100; 73rd percentile among comparable filings
- Revenue growth: 7.1% per year; rating input score 100; 62nd percentile among comparable filings
- Asset growth: -1.6% per year; rating input score 0; 19th percentile among comparable filings
Details
- What they do: Mission, programs, and operating context captured from the official website.
- Where the money goes: 100% of revenue deployed · 100% of spending went to programs
- Governance: 5 of 5 board members independent · 6 of 7 filing controls reported
- Programs: 3 filed program accomplishments · $499K in reported program spending
- Leadership: top reported pay $0 · 6 people listed
- Consistency: 39 of 39 current checks pass
- Schedules: 3 filed schedules
- Filing history: 4 filing years from 2020 to 2024
- Contacts: How to reach this organization
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Sustainability: Operating margin scored 22/100.
- High — Sustainability: Total-asset coverage ratio scored 11/100.
- Review — Accountability: Governance controls: Independent financial-statement audit not reported.
- High — Growth: Asset growth scored 0/100.